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Home PE Greater Summerside Prince County Summerside
197 Brennan Avenue
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197 Brennan Avenue $489,000
$489,000
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197 Brennan Avenue
Summerside, Prince Edward Island C1N2L1

MLS® Number: 202528019

Listing Description

Completely updated and fully tenanted, this triplex offers an exceptional investment opportunity in one of Summerside?s most desirable residential areas. The property features two bright 3-bedroom units and one 1-bedroom unit, each thoughtfully designed with full kitchens, comfortable living areas and large windows that bring in abundant natural light. Recent upgrades enhance long-term value and appeal, including heat pumps with air conditioning for efficient comfort and shared in-building laundry for tenant convenience. The third unit was professionally developed within the existing structure. The property has excellent curb appeal and ample parking for residents. Set on a quiet street surrounded by family homes, this property combines strong rental income with an ideal location close to schools, shopping, restaurants and the Summerside waterfront boardwalk. Tenants enjoy easy access to nearby parks, trails and recreational amenities, making it a sought-after address within the city. A large front and back yard add outdoor space rarely found in multi-unit properties, contributing to lasting tenant satisfaction and low turnover. Whether expanding an existing portfolio or starting an investment journey, this updated triplex delivers immediate returns and long-term stability in a thriving community known for its coastal charm and steady rental demand. (231633588)

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
1
Community Name
Summerside
Title
Freehold
Land Size
under 1/2 acre
Age Of Building
65 Years
Annual Property Taxes
$4,393.83
Parking Type
Parking Space(s)
Time on REALTOR.ca
29 days

Price and Sale History

Date Status Price
Oct 30, 2018 Sale Closed $147,000

Building

Interior Features
Appliances Included
Oven - Electric, Dryer, Washer, Refrigerator
Flooring
Hardwood, Laminate
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Rental Equipment
None
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood siding
Parking
Parking Type
Parking Space(s)

Land

Other Property Information
Zoning Type
Multi-Family
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